Greyhill Advisors ranks North Carolina as the ninth most economically prosperous state in the U.S. Bank of America, the largest bank in the world, claims Charlotte as its home base, and its corporate offices support many careers in economics. Analysts and statisticians with backgrounds in financial economics may find tremendously rewarding careers in this worldwide banking hub.
Retail giants like Lowe’s, Family Dollar Stores (both Fortune 500 companies according to CNN), and Food Lion call North Carolina home. Business economists and economic analysts representing the retail sector are on the front lines of the American economy, analyzing the fundamental and simple impact of supply and demand.
Economists trained in analysis may find unusual and exciting career potential in the private sector by supporting one of NC’s most popular industries: Motorsports. Dozens of important motor sports companies are housed in NC, including JD Motorsports, Biagi-DenBeste Racing, and more.
Economist Salaries in North Carolina
At $78,360, the median wage for economists in North Carolina is slightly lower than the national average of $89,459 annually, according to the Bureau of Labor Statistics. Additionally, the BLS lists the median wage in two of its most populated regions as follows:
- Charlotte-Gastonia-Rock Hill, NC-SC: $79,330
- Raleigh-Cary, NC: $69,690
The Bureau also reports that, while job demand for economists is expected to grow, it is estimated that demand for business and managerial economists will grow considerably faster. North Carolina represents an exciting and remarkably diverse set of opportunities for the up-and-coming economist in both the public and private sectors.